VRL LogisticsNSE:VRLLOG +1.31%83 ROC (Joel Greenblatt) % is 20.44% as of Mar. 2026, which is 19% above its 10-year median of 17.11. GuruFocus rates NSE:VRLLOG with a GF Score™ of 83/100 and a GF Value™ of ₹302.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 996 Transportation companies, VRL Logistics ranks better than 66.87% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. VRL Logistics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.44%.
The historical rank and industry rank for VRL Logistics's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:VRLLOG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.58 Med: 17.11 Max: 22.51
Current: 17.95
During the past 13 years, VRL Logistics's highest ROC (Joel Greenblatt) % was 22.51%. The lowest was 9.58%. And the median was 17.11%.
NSE:VRLLOG's ROC (Joel Greenblatt) % is ranked better than 66.87% of 996
companies
in the Transportation industry
Industry Median: 11.695
vs NSE:VRLLOG: 17.95
VRL Logistics's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.50% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
VRL Logistics ROC (Joel Greenblatt) % Related Terms
VRL Logistics ROC (Joel Greenblatt) % Historical Data
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The historical data trend for VRL Logistics's ROC (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:VRLLOG vs ODFL, XPO, KNX: ROC (Joel Greenblatt) % Comparison
For the Trucking subindustry, VRL Logistics's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
VRL Logistics ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, VRL Logistics's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where VRL Logistics's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a ROC (Joel Greenblatt) % of 20.44% mean?
VRL Logistics (NSE:VRLLOG) has a ROC (Joel Greenblatt) % of 20.44% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on VRL Logistics and its competitors. This is 19% above median its historical median of 17.11. Over the past decade, VRL Logistics' ROC (Joel Greenblatt) % has ranged from 9.58 to 22.51. According to the industry distribution chart, VRL Logistics ranks #330 out of 996 companies in the Transportation industry, placing it in the top 33.1%.
Is VRL Logistics' ROC (Joel Greenblatt) % too high?
VRL Logistics' current ROC (Joel Greenblatt) % of 20.44% is 19% above median its 10-year median of 17.11. Over the past 10 years, this metric has ranged from a low of 9.58 to a high of 22.51. The Transportation industry median ROC (Joel Greenblatt) % is 11.70. VRL Logistics' value of 20.44% is 74.8% above this industry median. Based on the distribution chart, VRL Logistics ranks #330 out of 996 companies in the Transportation industry, which is above the industry midpoint. Overall, VRL Logistics has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VRL Logistics' ROC (Joel Greenblatt) % compare to ODFL and XPO?
According to the Transportation industry distribution chart, VRL Logistics ranks #330 out of 996 companies for ROC (Joel Greenblatt) %. This puts VRL Logistics in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.70. VRL Logistics' value of 20.44% is 74.8% above this benchmark. Historically, VRL Logistics' own ROC (Joel Greenblatt) % has ranged from 9.58 to 22.51 over the past decade. While the company's 10-year median is 17.11 vs. the industry median of 11.70, VRL Logistics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.70, based on 996 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VRL Logistics's current ROC (Joel Greenblatt) % of 20.44% is 74.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on VRL Logistics and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VRL Logistics's current ROC (Joel Greenblatt) % is 20.44%, which is 19% above median its own 10-year median of 17.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VRL Logistics stock overvalued right now?
Based on GuruFocus' analysis, VRL Logistics (NSE:VRLLOG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹302.19, compared to a current price of ₹238.51 — trading 21.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.44%, which is 19% above median its 10-year median of 17.11 and 74.8% above the Transportation industry median of 11.70. VRL Logistics' overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For VRL Logistics (NSE:VRLLOG), the current ROC (Joel Greenblatt) % is 20.44% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is VRL Logistics (NSE:VRLLOG) Overvalued in 2026?
Based on GuruFocus' analysis, VRL Logistics stock appears to be undervalued.
The current stock price of ₹238.51 is trading 21.1% below its estimated GF Value™ of ₹302.19.
GuruFocus considers VRL Logistics to be Modestly Undervalued.
Key valuation signals for NSE:VRLLOG:
ROC (Joel Greenblatt) %: 20.44% (19% above median its 10-year median of 17.11)
GF Value™: ₹302.19 vs. price of ₹238.51 (21.1% below fair value)
Industry Position: 74.8% above the Transportation median (#330 of 996)
No single metric tells the full story. See the NSE:VRLLOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VRL Logistics Ltd is engaged in the business of logistics services. The company is engaged in the Goods Transport Business segment. The company offers services for the transportation of goods across India using a range of road transportation solutions to its customers, including less than full truck load and full truck load. The company provides courier services for the transportation of small parcels and documents using a range of multi-modal solutions.
83GF Score
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